INVESTMENT SERVICES

STEP 1 – PLANNING

Whether as an individual, family or business, we work with our client’s to help them set up or update a Financial / Retirement Plan and choose the appropriate mix of investments to suit their style and circumstance. Our services include Retirement Planning, Money Management and Estate Planning.

There are three main phases of Planning:

• Accumulation and growth (working years)
• Conservation (appropriate mix of investments)
• Distribution (income during retirement years)

STEP 2 – UNDERSTANDING THE DIFFERENT KINDS OF MONEY

Money can be in the form of Registered savings, Non Registered savings and the Tax Free Savings Account (TFSA).

REGISTERED MONEY

• Registered Retirement savings plan (RRSP) – Money saved during the Accumulation years, which can be to the end of the year you turn age 71. RRSP contributions can be used to reduce your taxable income every year.
• Registered Retirement Income Fund (RRIF) – By the end of the year you turn age 71, you have to roll your RRSP savings into a RRIF or a registered Annuity or a combination of the two.
• Employer sponsored Pension Plans – These can be in the form of a Group RRSP, Deferred Profit Sharing Plan (DPSP), and other formal registered pension plans.

NON-REGISTERED MONEY

This refers to money, which is invested with “after tax dollars”. In this case the principal that you invest is not considered taxable, as you have already paid the tax on this money as it was earned. However, the “growth” that this money earns is deemed to be taxable.

TAX FREE SAVINGS ACCOUNT (TFSA)

Unlike a RRSP, contributions to a TFSA are not tax deductible, however, income generated in a TFSA is tax free.

STEP 3 – INVESTMENTS

We offer a variety of investment choices for your registered, non-registered and TFSA savings.

Segregated Funds – Segregated funds are similar to mutual funds, however, segregated funds are only available through insurance companies. Segregated funds offer unique features, some of which are as follows:

• Maturity guarantees
• Death benefit guarantees
• Reset features that allow you to lock in market growth
• Estate planning benefits which include asset preservation
• Beneficiary designation forms part of the contract. Because segregated funds are insurance contracts, the proceeds are paid directly to the named beneficiary thus avoiding the delays and expenses of the probate process.
• Potential creditor protection which is particularly beneficial to business owners and self-employed persons

As brokers, we deal with only Canada’s leading companies. There is a vast selection of funds that offer Canadian or Global investments that can be further broken down with a choice of different Asset Classes, including Fixed Income, Dividend and a variety of Equity funds to choose from.

Guaranteed Investments – Money is invested with Canada’s leading Banks and Trust Companies. The deposits are insured through the Canada Deposit Insurance Corporation (CDIC). As Deposit brokers and members of the Registered Deposit Brokers Association (RDBA), we can secure the best interest rates in a variety of Guaranteed Investment Certificates and Daily Interest Accounts offering enhanced interest rates.

RATES AS OF: March 14, 2019